Anhui Zhongyuan New Materials' (SHA:603527) wholly-owned subsidiary, Wuhu Yongjie Renewable Resources, changed its name to Wuhu Baxing Metals, according to a Shanghai Stock Exchange filing on May 9.
The metal material-producing subsidiary also amended the scope of its business to remove functions like recycling of renewable resources.
The Chinese copper foil producer obtained a new business license for the changes, the filing said.
The company's shares rose 2% in recent trade.
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